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marusya05 [52]
3 years ago
6

Classical economics played an important role in helping the United States establish _________.

Business
1 answer:
Sunny_sXe [5.5K]3 years ago
3 0

Answer:

Free enterprise

Explanation:

Free enterprise is an economic system in which private business operates in competition and largely free of state control

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For effective internal control, the purchasing manager generally should:
grin007 [14]

Answer:

C) Be responsible for negotiating terms with vendors.

Explanation:

In order effective internal controls, different employees should have different roles in an organization, they should have segregated duties.

For example; an employee of the purchasing department is responsible for searching for new vendors that comply with the organization's requirements. The purchasing manager is responsible for negotiating the price of supplies and materials. The production department is responsible for requesting new supplies or materials. The finance department is responsible for writing down checks. The general manger signs the checks after reviewing supporting information.

6 0
3 years ago
The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $2.9 million in long-term debt, $770,000 in the common stock account
Naddika [18.5K]

Answer:

OCF = -$1,670,000

Explanation:

To calculate this, the following are first calculated:

Cash flow to creditors = Interest expense - (Long-term debt in 2009 - Long-term debt in 2008) = $230,000 – (3,500,000 – 2,900,000) = -$370,000

Cash flow to stockholders = Dividends paid – ((Common stock in 2009 + Additional paid-in surplus in 2009) - (Common stock in 2008 + Additional paid-in surplus in 2008)) = $550,000 – (($985,000 + $8,250,000) – ($770,000 + $6,000,000)) = -$1,915,000

Cash flow from assets = Cash flow to creditors + Cash flow to stockholders = -$370,000 - $1,915,000 = $2,285,000

The the firm's 2009 operating cash flow, or OCF can now be calculated as follows:

Cash flow from assets = OCF - Net working capital investment  - Net capital spending

-$2,285,000 = OCF - (-$165,000) - $780,000

-$2,285,000 = OCF + $165,000 - $780,000

OCF = -$2,285,000 - $165,000 + $780,000 = -$1,670,000

3 0
3 years ago
The Almer Group announced its decision to merge with Dover Global Solutions. This is an example of a(n):
Shalnov [3]

An example of firm merger is when Almer Group announced its decision to merge with Dover Global Solutions.

<h3>What is a firm merger?</h3>

A firm merger refers to an formal arrangement whereby two or more existing companies unites into one new company.

Therefore, when Almer Group announced its decision to merge with Dover Global Solutions, it is an example of firm merger.

Read more about firm merger

<em>brainly.com/question/1977165</em>

5 0
2 years ago
Mary signed up and paid $600 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s accoun
inessss [21]

Answer:

$200 of revenue, $400 of deferred revenue

Explanation:

The journal entry to record the entry on August 1 is shown below:

Unearned revenue A/c Dr $200

         To Revenue $200

(Being the two-month revenue is recorded)

The computation is shown below:

= Six-month revenue × number of months ÷ total number of months

= $600 × 2 months ÷ 6 months  

= $200

The two months is calculated from June 1 to August 1  

The remaining balance would be transferred to the deferred revenue account

= $600 - $200

= $400

4 0
3 years ago
A lifestyle that minimizes avoidable frustrations could particularly benefit a person who is predisposed to higher levels of str
Firlakuza [10]

Answer:

Type A behaviour pattern.

6 0
3 years ago
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